BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
24 Apr, 2026, 12.01 PM IST
Delhi to Mumbai in just ₹3000: This car's AI hybrid system can make this trip cheaper with record mileage of 45km/lChinese automaker Geely has launched its new i-HEV Intelligent Hybrid system, claiming a Guinness World Record with fuel efficiency of just...
17 Apr, 2026, 02.06 PM IST
Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuationGeely Automobile is set to take its premium EV unit, Zeekr, private at a $6.83 billion valuation, streamlining its business amid a price wa...
15 Jul, 2025, 04.53 PM IST
Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuationUnder the agreement, Geely will acquire the remaining stake it does not already own for $2.687 per share, or $26.87 per American depositary...
15 Jul, 2025, 04.51 PM IST
First TikTok, now automakers. Does Volvo’s Chinese ownership threaten US national security?Volvo Car AB faces potential restrictions in the US market due to new regulations aimed at blocking Chinese entities from selling connected...
28 Jan, 2025, 11.32 AM IST
Renault, Geely create joint venture for hybrid, combustion enginesRenault and Geely's joint venture, HORSE Powertrain, aims to develop combustion and hybrid engines, bolstering competitiveness and addressi...
31 May, 2024, 04.25 PM IST
Geely's EV brand Zeekr raises $500 million in first external fundingInvestors would jointly hold 5.6% stake in Zeekr, valuing the Chinese electric car maker at around $9 billion. The company doesn’t currentl...
28 Aug, 2021, 01.26 PM IST
Volvo Cars to buy parent Geely Holding's stake in China JVsUnder the deal, whose financial details were not disclosed, Volvo will have full ownership of its manufacturing plants in Chengdu and Daqin...
21 Jul, 2021, 04.43 PM IST
Geely and Foxconn to form auto partnership: SourcesTaiwan's Foxconn and Chinese automaker Zhejiang Geely Holding Group will form a partnership to provide contract manufacturing and consultan...
13 Jan, 2021, 01.22 PM IST
China's Baidu to create an intelligent EV company with automaker GeelyGeely will also be a strategic investor in the new company, which will be an independent subsidiary of Baidu.
11 Jan, 2021, 10.29 AM IST
Volvo Cars posts 6% December sales rise as recovery continuesVolvo's December sales in Europe dropped 1.8%, while China grew 9.9% and sales in the United States jumped 15.2%.
07 Jan, 2021, 05.47 PM IST
- China's Geely completes takeover of Volvo
Geely Holdings formally completed its deal to buy Sweden's Volvo Cars from US auto giant Ford.
02 Aug, 2010, 03.14 PM IST
- Geely expects to close Volvo deal in third quarter
China's Zhejiang Geely Holding said on Thursday it expected to close its acquisition of Sweden's Volvo Cars in the third quarter after the ...
08 Jul, 2010, 11.08 AM IST
- Geely mulling Shanghai for Volvo plant: Official
Zhejiang Geely Holding Co. may locate the China headquarters and factory for Volvo Cars in Shanghai once its takeover of the Swedish compan...
19 Apr, 2010, 12.04 PM IST
- China's Geely to spend 2.7 billion dollars buying Volvo
Chinese automaker Zhejiang Geely Holding said Tuesday it will inject up to 900 million dollars into Swedish brand Volvo Cars as it seeks to...
30 Mar, 2010, 07.35 PM IST
- Ford sells Volvo unit to China's Geely for $2 bn
Geely wants to gain insights into Western vehicle development and manufacturing through buying a European brand.
24 Dec, 2009, 03.59 AM IST
- Ford nears Volvo deal with China's Geely: Report
Ford and Zhejiang Geely Holding could reach an agreement on Wednesday on the sale of Ford's Swedish brand Volvo to the Chinese carmaker. Sa...
23 Dec, 2009, 03.25 AM IST